Analyst: Trump May Drive Strong US Economic Growth Through Tariff Reductions and Tax Rebate Waves Summary Yardeni Research President Ed Yardeni predicts that Trump will promote US economic growth of over 3% through tariff reductions and tax rebates. Price pressures are prompting a shift from protectionism to trade easing, and the Treasury Secretary has also hinted at weakening tariff effectiveness. However, he warns that geopolitical shocks could invalidate economic forecasts. BlockBeats reports that on January 2, Yardeni Research President Ed Yardeni forecasted that Trump will turn tariffs from barriers into bargaining chips, using tariff cuts combined with a wave of tax rebates to drive the US economy to achieve over 3% strong growth. Price pressures will serve as catalysts, forcing the Trump administration to shift from protectionism to trade easing, leveraging negotiated bargaining chips to lower tariffs. Strategic goals have been achieved, and the White House is now in a position to ease inflation by reducing tariffs. Treasury Secretary Bessant also hinted that the effectiveness of tariffs is waning. Additionally, Yardeni warned that if significant geopolitical shocks occur (such as worsening European situations), all economic forecasts will become invalid. (Jin10)
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Analyst: Trump May Drive Strong US Economic Growth Through Tariff Reductions and Tax Rebate Waves Summary Yardeni Research President Ed Yardeni predicts that Trump will promote US economic growth of over 3% through tariff reductions and tax rebates. Price pressures are prompting a shift from protectionism to trade easing, and the Treasury Secretary has also hinted at weakening tariff effectiveness. However, he warns that geopolitical shocks could invalidate economic forecasts. BlockBeats reports that on January 2, Yardeni Research President Ed Yardeni forecasted that Trump will turn tariffs from barriers into bargaining chips, using tariff cuts combined with a wave of tax rebates to drive the US economy to achieve over 3% strong growth. Price pressures will serve as catalysts, forcing the Trump administration to shift from protectionism to trade easing, leveraging negotiated bargaining chips to lower tariffs. Strategic goals have been achieved, and the White House is now in a position to ease inflation by reducing tariffs. Treasury Secretary Bessant also hinted that the effectiveness of tariffs is waning. Additionally, Yardeni warned that if significant geopolitical shocks occur (such as worsening European situations), all economic forecasts will become invalid. (Jin10)